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Closing Bell: Nifty Ends Losing Streak, Sensex Jumps 740 Points – PSU, Metal & Telecom Stocks Lead Rally

  • By admin
  • March 5, 2025
  • 31 Views

Market Recap 📈

After 10 consecutive sessions of losses, Indian stock markets bounced back strongly on March 5, with the Nifty closing above 22,300 and the Sensex surging 740 points. The rebound was supported by gains in Asian markets and strong buying in key sectors like PSU, telecom, metal, and power.

Top Gainers & Losers 🔝🔻

Biggest Gainers: Adani Ports, Bharat Electronics, Mahindra & Mahindra, Tata Steel, Adani Enterprises
Biggest Losers: Bajaj Finance, HDFC Bank, Grasim Industries, IndusInd Bank, Shriram Finance

Sectoral Performance 📊

📈 All sectoral indices closed in the green
📌 PSU, telecom, metal, and power stocks jumped 3% each
📌 BSE Midcap & Smallcap indices gained 2.5%
📌 Nifty IT rose 1.6%, Nifty Auto climbed 1.1%
📌 Nifty Bank edged up 0.3%, supported by a 1.2% rise in ICICI Bank

Why Did Markets Rebound? 🤔

🔹 Positive global cues: Gains in Asian markets lifted sentiment.
🔹 Bargain hunting: Investors took advantage of the recent market correction to buy quality stocks at lower levels.
🔹 Sectoral strength: Strong buying interest in PSU, telecom, and metal stocks drove the rally.

Final Thoughts 💡

This sharp recovery marks the end of Nifty’s worst losing streak in three decades. However, analysts remain cautious about the market’s sustainability amid global trade tensions and economic uncertainties.

📊 Will this rally continue, or is it just a temporary bounce? Stay tuned for more updates! 🚀📢


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